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don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> you're in luck. have you caught cramer on a real good night. i'm not going home tonight to sip that cheap scotch on my dirty linoleum floor. i'm in a great mood, a manic mood even. me at my best. i'm pretty darn product
don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. with scottrader streaming quotes, any way you want. fully customize it for...
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i wasn't being funny, bob. i know. >>> i'm very proud to announce my choice for america's next secretary of state, john kerry. >> in the spotlight tonight, massachusetts senate race. dean of the massachusetts delegation ed markey announced that he will run for the senate seat. he said in the last election the country and the common wealth voted for a better future for the middle class. i have decided to run for the u.s. senate because this fight is too important. there is so much at stake. his announcement came days, as others announced they will not run for the seat. the election will take place some time in june. massachusetts government will appoint a place holder as john kerry is sworn in. 52% of voters have a favorable view of congressman ed marky. a third polled said they had never heard of him. in a pipethet hypothetical election, joining me now, gentleman, i'm going to kill the suspension right now. with that poll, showing 48% would say today that they would vote for scott brown and 40% saying they woul
i wasn't being funny, bob. i know. >>> i'm very proud to announce my choice for america's next secretary of state, john kerry. >> in the spotlight tonight, massachusetts senate race. dean of the massachusetts delegation ed markey announced that he will run for the senate seat. he said in the last election the country and the common wealth voted for a better future for the middle class. i have decided to run for the u.s. senate because this fight is too important. there is so much...
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we did, bob. we did. got it. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. >>> can't stop talking good marriage even though they have taken a vow that prevents them from knowing about marriage. on christmas eve they published a article about marriage. it says they are a different reality. same sex couples can not d biologically reproduce. this puts them in the came space as those who cannot reproduce and mary years after the age that they could have the baby. as support for marriage equality increases around the world the vatican is getting panicky. it is claiming that it is a socialist plot. never mind that jesus christ was the original socialist. and that the hard-core of all-time was viciously anti-gay. fidel castro became the most extre extreme traeme practitioner of socialism. in his eutopia gay sex was a criminal act. he sent them to reeducation bel country of it. so it has not been a special friend
we did, bob. we did. got it. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. >>> can't stop talking good marriage even though they have taken a vow that prevents them from knowing about marriage. on christmas eve they published a article about marriage. it says they are a different reality. same sex couples can not d biologically reproduce. this puts them in the came space as those who...
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bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. . >>> another day, another step closer to the edge. talking about the fiscal cliff, of course. how are traders protecting themselves from the worst? let's find out from brian stoutman, an expert in hedging your portfolio against volatility. brian, good to have you with us. how are traders like yourself looking to protect themselves? >> well, certainly midday we saw options traders in the pit buying protection against their portfolio or shorting the market by buying some puts. what they did is went into the spiders, and we saw a purchase of about 5,000 puts of the 141 strength for 2.35. these options expire in two weeks so they are weekly type options and saw a lot of activity. the vix spiked extremely hard in
bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. . >>> another day, another step closer to the edge. talking about the fiscal cliff, of course. how are traders protecting themselves from the worst? let's find...
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bob scales on the phone with us now. general scales you wrote a book called certain victory and you have a lot of knowledge of the history of the iraq war but personal knowledge with this man. you call him truly the first great american hero after vietnam. your thoughts? >> that is exactly right, harris. remember, i come from the same generation as general schwarzkopf and the vector was the vindication of my generation report vietnam generation because it was our first great military victory after defeat in vietnam and he took that personally. i knew general schwarzkopf well, going back to his time as a major in the pentagon. he also carried in his sack this rock that had the sigma that went with the defeat in vietnam. when defeated the iraqi military in the plains of iraq, when was able to do that one of the first things he said at the truce tent was this is a vindication for my generation, harris. so detail on his life, general scales, many people may not know. he was born in trenton, new jersey. in fact, his father fo
bob scales on the phone with us now. general scales you wrote a book called certain victory and you have a lot of knowledge of the history of the iraq war but personal knowledge with this man. you call him truly the first great american hero after vietnam. your thoughts? >> that is exactly right, harris. remember, i come from the same generation as general schwarzkopf and the vector was the vindication of my generation report vietnam generation because it was our first great military...
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. >> andrea: one of my favorite moment on "the five" is bob chugged the milkshake from twinkies. a lot of you didn't see it but bob ripped off the microphone because he got physically ill and ran off the set. poor guy. it was really funny to watch him chug the milkshake. we have had a lot of fun at "the five." >> kimberly:or time he threw up after chicken wing eating contest. >> eric: that was my favorite show. you had a contest. dan ab dunked him. everything came off. >> notice a theme. everything you're so happy about. beckel. >> eric: yeah. >> he's suffering. >> eric: a great time with you this year, too. we had fun. what do you make of it coming down from d.c. and hanging out with us? >> juan: the emotional quotient is so high. it's so different than doing news from d.c. there we are focused on what is happening. but here, you guys actually, you know you step back. and you laugh at it. i think that is totally cool. i just think in fact it makes the show a success, so much fun to watch. >> andrea: i think you are saying that we're more fun than bret baier from "special report.
. >> andrea: one of my favorite moment on "the five" is bob chugged the milkshake from twinkies. a lot of you didn't see it but bob ripped off the microphone because he got physically ill and ran off the set. poor guy. it was really funny to watch him chug the milkshake. we have had a lot of fun at "the five." >> kimberly:or time he threw up after chicken wing eating contest. >> eric: that was my favorite show. you had a contest. dan ab dunked him....
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bob corker the u.s. senator said this is just for show, this is purely optics, the president is not sincere. what do you think? >> well this is not for show, this is a last-ditch effort by the president to bring the congressional leaders together to try and get at least a small package, a small deal together before the new year to avoid some of the tax parts of the fiscal cliff, and to deal with some of the unemployment issues. so, the president is very determined to try and do it, as you know, the house of representatives packed up its bags and went home. they are not even coming back until sunday night even though the clock is ticking. gregg: you call it a small deal. don't americans deserve something more than a small deal from what is arguably small politician stph-s. politicians? >> well when i say a small deal i don't mean an unimportant deal especially in fact as you've been reporting on january 1st people's taxes will start to go up, a big tax hike for middle class americans and others. the bill
bob corker the u.s. senator said this is just for show, this is purely optics, the president is not sincere. what do you think? >> well this is not for show, this is a last-ditch effort by the president to bring the congressional leaders together to try and get at least a small package, a small deal together before the new year to avoid some of the tax parts of the fiscal cliff, and to deal with some of the unemployment issues. so, the president is very determined to try and do it, as you...
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. >> reporter: tennessee republicans lamar alexander and bob corker said the president has to take the lead. corker was not optimistic about the white house meeting. >> we're going end one a small kick the can down the road bill that creates another fiscal cliff to deal with this fiscal cliff. >> reporter: today's meeting at the white house is the first time since mid-november that at the present time has had all four congressional leaders in the same ram at the same time. their past fiscal cliff talks have not been productive. adding to the urgency, 2 million unemployed americans will lose their benefits on saturday if a deal is not reached. the nation's borrowing limit to finance is 16 trillion will be maxed out by monday. and it is unclear how lawmakers will move forward at this point, but if the senate is able to make a deal before the house returns to capitol hill sunday, house members will have about 24 hours to approve it. live at the white house, danielle nottingham. derek, back to you. >> danielle, thank you. >>> derek, you might remember a few weeks ago we built, then broke o
. >> reporter: tennessee republicans lamar alexander and bob corker said the president has to take the lead. corker was not optimistic about the white house meeting. >> we're going end one a small kick the can down the road bill that creates another fiscal cliff to deal with this fiscal cliff. >> reporter: today's meeting at the white house is the first time since mid-november that at the present time has had all four congressional leaders in the same ram at the same time....
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. >> reporter: senator bob courter told cbs this morning he predicts the meeting will bring only a temporary solution. >> this afternoon's meeting feels much to me like optics to make it look like we're doing something. let me just say one more time this is a total dereliction of duty at every level. >> reporter: going over the cliff would affect 88% of u.s. taxpayers whose taxes would go up on average $3,500 a year. many americans are frustrated the showdown has gone down to the last minute. >> they're playing games with people's lives. i don't think that's correct. >> it's just unfortunate that at this point the two sides can't come together because it's been like that for the last four or five years. >> reporter: 2 million americans will also lose jobless benefits on saturday if a deal isn't reached and the nation's borrowing limit to finance our $16 trillion debt will also be reached on monday. danielle nottingham, cbs news, washington. >>> my own mom at christmas dinner told me do not raise my taxes. >> after a few words of advice at home the bay area's newly elected congressman is abou
. >> reporter: senator bob courter told cbs this morning he predicts the meeting will bring only a temporary solution. >> this afternoon's meeting feels much to me like optics to make it look like we're doing something. let me just say one more time this is a total dereliction of duty at every level. >> reporter: going over the cliff would affect 88% of u.s. taxpayers whose taxes would go up on average $3,500 a year. many americans are frustrated the showdown has gone down to...
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we did, bob. we did. got it. >>> have you ever been to habulabi? if you're in the market for fake flowers or beads or yarn, you may find yourself in a habulabi. now, me, i'm not so good at the crafting. this is my handwriting. i can barely use a pen, much less actually fold anything or use scissors. you don't want me around scissors. but many americans do know their way around a hot glue gun, as evidenced by the existence of 525 of these hobby lob write stores spread all across the country. the hobby lobby chain was founded by a guy named david green. he's still the ceo and worth $4.5 billion, which is a lot. according to the store's statement of purpose, however, mr. green's main goal in founding his crafting empire was ton sell scrapbooks or construction paper or even to make billions of dollars. it was to honor the lord and operate the company in a manner consistent with biblical principles. those principles included refusing to provide insurance coverage for emergency contraception to his more than 13,000 employees. under the terms, however, of
we did, bob. we did. got it. >>> have you ever been to habulabi? if you're in the market for fake flowers or beads or yarn, you may find yourself in a habulabi. now, me, i'm not so good at the crafting. this is my handwriting. i can barely use a pen, much less actually fold anything or use scissors. you don't want me around scissors. but many americans do know their way around a hot glue gun, as evidenced by the existence of 525 of these hobby lob write stores spread all across the...
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bob? >> bob: midnight on january 1, increase in revenue. >> eric: you think the revenue is going to offset the spending cut? absolutely not. we'll smack -- >> kimberly: erroneous. >> bob: it would give you now have continue it going. >> eric: two months leeway if they start to play around with numbers. >> andrea: it's two months from now. not the 31st. that is the point. geithner is full of it. >> bob: there is plenty of room to get it through. >> andrea: the greater point republicans are trying to do the right thing? trying to cut taxes. if you are not happy to have -- >> bob: i think the republicans trying to do something good is absurd. >> greg: look at harry reid. eloquence of a bails bondman. we elected gluttons to guard a fridge. >> kimberly: midnight raiding it. i was thinking frat boy to guard the bar but i went with the glutton. >> eric: both sides, though. >> andrea: the republicans can't do anything. they get blamed for everything. everything we agree with is courageous. >> greg
bob? >> bob: midnight on january 1, increase in revenue. >> eric: you think the revenue is going to offset the spending cut? absolutely not. we'll smack -- >> kimberly: erroneous. >> bob: it would give you now have continue it going. >> eric: two months leeway if they start to play around with numbers. >> andrea: it's two months from now. not the 31st. that is the point. geithner is full of it. >> bob: there is plenty of room to get it through. >>...
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bob is on the republican line from greenville, south carolina. caller: good morning. 35% of the homes in las vegas are leading up to the bible were second homes. that was speculation by individual americans, the individual people. in many cases they were building up the bubble. a device thato wri blows my mind. in california people on home prices would never come down. a certain percentage of the people were to blame for the home bubble gum does like they were to blame for the tech bubble. now they have loans attached to them and many walk away and then we have to print money from the federal reserve. how can you deny this did not happen? people just on home prices will go up forever and i will jump in and take a hold of this and then they go down and everybody wants to blame someone else. you don't see that at all happening in this equation? guest: in order for speculation to happen, you have to have rising prices in the first place. you did not the speculation taking place in texas or kansas or nebraska or north carolina, even though those area
bob is on the republican line from greenville, south carolina. caller: good morning. 35% of the homes in las vegas are leading up to the bible were second homes. that was speculation by individual americans, the individual people. in many cases they were building up the bubble. a device thato wri blows my mind. in california people on home prices would never come down. a certain percentage of the people were to blame for the home bubble gum does like they were to blame for the tech bubble. now...
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bob barnard is live with that story. bob? >> reporter: the show is now open and is considered to be the biggest annual show on the east coast. you think some people like their guns? take a look at this. the line to get into this weekend's gun show, hundreds and hundreds waiting two hours before the door opened this afternoon. >> and i think there is some more people not interested in guns before and they are now. >> reporter: with talk of new gun control legislation and in response to the shootings at sandy hook elementary school, a crack down that gun enthusiasts say wouldn't work. >> no loss of gun would think about doing something like. that. >> reporter: inside, there are guns and ammunition and more guns, even machine guns for sell. >> reporter: and there is an active shooting market on the machine guns where people will get together and shot machine guns all day long. >> reporter: nearly half and in the other, nearly 60% asked if they support -- said they support some form of gun control in this country. >> i will tell
bob barnard is live with that story. bob? >> reporter: the show is now open and is considered to be the biggest annual show on the east coast. you think some people like their guns? take a look at this. the line to get into this weekend's gun show, hundreds and hundreds waiting two hours before the door opened this afternoon. >> and i think there is some more people not interested in guns before and they are now. >> reporter: with talk of new gun control legislation and in...
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we did, bob. we did. got it. >>> well, washington's division and dysfunction threatened our economic recovery, some american cities are working their way back after decades of tough times. recently, i traveled to youngstown, ohio, and caught a glimpse of hope deep in the rust belt. >> this is your father's first restaurant? >> the first one. >> what street was it, do you remember? >> wick avenue. >> wick avenue. >> my grandmother's lived in youngstown, ohio, for more than 95 years. >> yes, i've seen it in many different phases. my grandfather came here from greece. he opened a restaurant, the american dream. >> but he taught himself english. he taught himself to read the newspaper, and he became a very successful businessman. as he would say, only in america. youngstown was prosperous, and downtown youngstown was really prosperous. it was wonderful to go to downtown youngstown and be all dressed up in gloves and hat and going in and out of the shops and having lunch downtown. it was exciting. >> but that
we did, bob. we did. got it. >>> well, washington's division and dysfunction threatened our economic recovery, some american cities are working their way back after decades of tough times. recently, i traveled to youngstown, ohio, and caught a glimpse of hope deep in the rust belt. >> this is your father's first restaurant? >> the first one. >> what street was it, do you remember? >> wick avenue. >> wick avenue. >> my grandmother's lived in...
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i wasn't being funny, bob. i know. to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a great vacation this year, come to the gulf. its all fabulous but i give florida the edge. right after mississippi. you mean alabama. say louisiana or there's no dessert. this invitation is brought to you by bp and all of us who call the gulf home. >>> a number ofec perts are saying small businesses will get hit the worst if
i wasn't being funny, bob. i know. to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone...
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however, tennessee senator bob cochran says even if a deal does get done don't expect too much. >> we're goakd up with a small kick the can down the road bill that creates another fiscal cliff to deal with this fiscal cliff. >> the president did say deja vu all over again. if corker is right, we are going to say some of the same machinations we've seen before. if it doesn't happen, the president wants that up or down vote on his plan. >> remember night, monday night is new year's eve when it all could go bad. >> and happy new year to you. >> thank you, gary. >>> and economists are warning that going over that fiscal cliff could pull us all back into recession. congress impressional democrats attended a new year's eve style rally saying the fiscal cliff ball is in the republican court. surae chinn is on capitol hill. >> i'm urging congress to take action, stop playing games, and let's move on. >> reporter: frustration has boiled over for bob packer, a small business owner. >> i'm disappointed and angry. if they were my representeddives, i'd certainly vote them out of office. >> on tie mit
however, tennessee senator bob cochran says even if a deal does get done don't expect too much. >> we're goakd up with a small kick the can down the road bill that creates another fiscal cliff to deal with this fiscal cliff. >> the president did say deja vu all over again. if corker is right, we are going to say some of the same machinations we've seen before. if it doesn't happen, the president wants that up or down vote on his plan. >> remember night, monday night is new...
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we did, bob. we did. got it. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in your wallet? >>> the only thing that stops a bad guy with a gun is a good guy with a gun. >> welcome back. it's been less than two weeks since the massacre at sandy hook elementary school. today shooting clubs in at least three states started training teachers to carry handguns. 200 people signed up for the teacher training in salt lake city. a gun club in ohio says it's swamped with training requests from teachers and administrators. arizona's even offering classes, too. the teachers unions are against the idea of arming faculty. but putting guns in schools is not new. in fact, 1/3 of all
we did, bob. we did. got it. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in...
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bob corker got up today, senator, republican, senior guy now on this issue. and what does he say? we may not get a deal and we're going to threaten the good faith and credit of the united states again. okay? 514 days and what do we get? more debt ceiling threats and the irony is you talk about the pressure but the irony is republican base on wall street thinks that's a terrible idea. so what does the president have to do? something that's uncomfortable for him because he's more responsible than these guys and say i care so much about a deal to negotiate with myself. i'm going to give it up and still threatening me and i think he has to take an maxim from donald rumsfeld, weakness is provocative. tell them we're strong, the white house, we were re-elected. you go home. you go home and deal with it because this is out of control and nobody's angry enough to realize it. >> you're angry enough. >> i'm alone. >> no, you're not. >> michael shear's not angry. he's measured and i understand that and we're playing different roles sometimes but if you're a reporter and following this and fo
bob corker got up today, senator, republican, senior guy now on this issue. and what does he say? we may not get a deal and we're going to threaten the good faith and credit of the united states again. okay? 514 days and what do we get? more debt ceiling threats and the irony is you talk about the pressure but the irony is republican base on wall street thinks that's a terrible idea. so what does the president have to do? something that's uncomfortable for him because he's more responsible than...
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bob barnard, fox 5 news. >>> still ahead on the news edge at 6, how you can protect yourself from the fiscal cliff. coming up after the break, we're joined by accountant gordon burnhart to talk about the looming deadline and how your wallet could be affected. . >>> well, as the fiscal cliff looms, taxpayers are understandably keeping a close eye here in washington and others on their pocketbook across the country. many people believe that taxes are going to go up once the fiscal cliff is solved and how will the average american be affected by this? joining us now is gordon burnhart, a certified public accountant with burnhart wealth management. thank you for joining us. >> thank you, tom, how are you. >> so much of the uncertainty we heard from president leaves you to wonder what is the assessing in planning when you don't know about that in. >> and that is why that is important to plan. we have seen so much happen and people need to make sure they set aside the cash reserves and there is a lot of planning opportunities and investors need to work with an advisor to make sure that al
bob barnard, fox 5 news. >>> still ahead on the news edge at 6, how you can protect yourself from the fiscal cliff. coming up after the break, we're joined by accountant gordon burnhart to talk about the looming deadline and how your wallet could be affected. . >>> well, as the fiscal cliff looms, taxpayers are understandably keeping a close eye here in washington and others on their pocketbook across the country. many people believe that taxes are going to go up once the...
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. >> let's go to the futures pits where bob iaccino is standing together. >> would you say chee-no, bob? >> would you like it in english or italian? >> iaccino. with that singing. >> wa part of italy, do you know? >> cosanza is the town. it's the foot of the boot. >> not a bad part of italy. >> no, there's really not. >> bob, help us here. >> i don't know if i can. >> you've got to. >> rise above, bob. >> just explain the volatility issue at a minimum. where do we go over the next two days of trading? we have today, we have monday and obviously we don't have tuesday. >> well, i don't know that we do a whole lot. i believe markets are just on the sidelines since before the start of the holidays for the most part. i believe there were some people holding out waiting for a fiscal cliff solution. i think we're going over the cliff, but we're grabbing one of those cartoon roots sticking out as we go over it. i think it will be a matter of days before just the political pressure of going over the cliff causes them to do about a 12-month deal. it's just -- i don't know. i hesitate to say the w
. >> let's go to the futures pits where bob iaccino is standing together. >> would you say chee-no, bob? >> would you like it in english or italian? >> iaccino. with that singing. >> wa part of italy, do you know? >> cosanza is the town. it's the foot of the boot. >> not a bad part of italy. >> no, there's really not. >> bob, help us here. >> i don't know if i can. >> you've got to. >> rise above, bob. >> just explain...
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so bob why you are so up beat about more mergers and being a acquisitions especially with everything going on with the fiscal cliff. >> it's a pessimistic time andtn the merger market. m & a has been fantastic. 9 market has been okay. it's not been at th terrible bus been good. it's been held back by the negativism that was focused on the eu and this year it's the fiscal cliff and the election and everything else. the conditions are there. we need more m. & a in this cup. >> you are saying they are notgt ablocksblockbustermega deals buo medium companies, why is that. >> to do a step out deal therehe sense that things are good. m & a needs to be done. growth is thro slow and one of e ways to rise is to buy. everything is good but we have been held back by the negativism by the fiscal issues europe and the u.s. >> susie: you told me there were oil and gas americ mergersu think that tech could be an air yeah wirarea. what kind of gived guidelines can you give to investors so they can take advantage of these trends. >> there is a huge boom inenergd healthcarhealthcare in particule new he
so bob why you are so up beat about more mergers and being a acquisitions especially with everything going on with the fiscal cliff. >> it's a pessimistic time andtn the merger market. m & a has been fantastic. 9 market has been okay. it's not been at th terrible bus been good. it's been held back by the negativism that was focused on the eu and this year it's the fiscal cliff and the election and everything else. the conditions are there. we need more m. & a in this cup. >>...
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Dec 28, 2012
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. >> reporter: senator bob corker told "cbs this morning" he predicts the meeting will bring only a temporary solution. >> this afternoon's meeting feels much to me like optics to make it look like we're doing something but let me just say one more time. this is a total dereliction of duty at every level. >> reporter: going over the cliff would affect 88% of u.s. taxpayers whose taxes would go up on average $3,500 a year. many americans are frustrated the showdown has gone down to the last-minute. >> they're playing games with people's lives. and i don't mean that's correct. >> it's just unfortunate that at this point, the two sides can't come together because it's been like that for the last four or five years. >> reporter: two million americans will also lose jobless benefits on saturday if a deal isn't reached. and the nation's borrowing limits to finance our $16 trillion debt will also be reached on monday. danielle nottingham, cbs news, washington. >>> three new jersey police officers were shot and their police station this morning. the shooter domestic assault suspect got a gun and star
. >> reporter: senator bob corker told "cbs this morning" he predicts the meeting will bring only a temporary solution. >> this afternoon's meeting feels much to me like optics to make it look like we're doing something but let me just say one more time. this is a total dereliction of duty at every level. >> reporter: going over the cliff would affect 88% of u.s. taxpayers whose taxes would go up on average $3,500 a year. many americans are frustrated the showdown...
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Dec 28, 2012
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they announced bill bratton and bob was your man will serve as paid consultants to the police department. bill bratton most recently left the los angeles police department. he was also the police commissioner in new york city and boston. chief jordan says among bratton's response, to improve and strengthen oakland's com stat model a model which uses crime statistics to prioritize resources. he created the crime-fighting strategy. chief jordan also plans to reimplement neighborhood policing. it was done about five years ago but failed. the chief says what'ff
they announced bill bratton and bob was your man will serve as paid consultants to the police department. bill bratton most recently left the los angeles police department. he was also the police commissioner in new york city and boston. chief jordan says among bratton's response, to improve and strengthen oakland's com stat model a model which uses crime statistics to prioritize resources. he created the crime-fighting strategy. chief jordan also plans to reimplement neighborhood policing. it...
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Dec 28, 2012
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we did, bob. we did. got it. because for every two pounds you lose through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ >>> okay. let's get you back now to the white house. and you see that is washington, obviously. and you see the new york stock exchange. we're keeping an eye on the stock exchange. it is down now. it is down now what is that, 120 -- your monitor at home is bigger than the one in the studio. down 130 points. not sure if they're related, but we're keeping an eye on it. they're meeting at the white house. my colleague jessica yellin getting new information on the air moments ago saying a source who has information on this meeting now, in the white house, says the potus will lay out a plan for tax increases for $250,000 plus, people who make $250,000 plus and extend unemployment. not a new proposal, democrats are familiar with this proposal and say it is not new. if they don't have a counterproposal, people who he's meeting wi
we did, bob. we did. got it. because for every two pounds you lose through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ >>> okay. let's get you back now to the white house. and you see that is washington, obviously. and you see the new york stock exchange. we're keeping an eye on the stock exchange. it is down now. it is down now what is that, 120 -- your monitor at home is bigger than the one in the studio. down...
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Dec 28, 2012
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bob is on the republican line from greenville, south carolina. caller: good morning. 35% of the homes in las vegas are leading up to the bible were second homes. that was speculation by individual americans, the individual people. in many cases they were building up the bubble. for you not to a device that blows my mind. in california people on home prices would never come down. a certain percentage of the people were to blame for the home bubble gum does like they were to blame for the tech bubble. now they have loans attached to them and many walk away and then we have to print money from the federal reserve. how can you deny this did not happen? people just on home prices will go up forever and i will jump in and take a hold of this and then they go down and everybody wants to blame someone else. you don't see that at all happening in this equation? guest: in order for speculation to happen, you have to have rising prices in the first place. you did not the speculation taking place in texas or kansas or nebraska or north carolina, even though
bob is on the republican line from greenville, south carolina. caller: good morning. 35% of the homes in las vegas are leading up to the bible were second homes. that was speculation by individual americans, the individual people. in many cases they were building up the bubble. for you not to a device that blows my mind. in california people on home prices would never come down. a certain percentage of the people were to blame for the home bubble gum does like they were to blame for the tech...
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Dec 28, 2012
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we'll ask republican senator bob corker if a deal is likely, and tell you how no deal could significantly impact everything from the price of milk to the price of gas. >> we also look back at the life and legacy of general norman schwarzkopf and a double agent tells "60 minutes" how he used facebook to infiltrate al qaeda. >> we begin with a look at today's "eye opener" your world in 90 seconds. >> the republicans in the house have left town, the negotiations
we'll ask republican senator bob corker if a deal is likely, and tell you how no deal could significantly impact everything from the price of milk to the price of gas. >> we also look back at the life and legacy of general norman schwarzkopf and a double agent tells "60 minutes" how he used facebook to infiltrate al qaeda. >> we begin with a look at today's "eye opener" your world in 90 seconds. >> the republicans in the house have left town, the...
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. >> bob: hemmer down there? >> kimberly: he wasn't on air today. >> andrea: that is it for us. thank you for watching. see you here tomorrow. fox newsthis is/zi alertc?kxñ retired general has died. the general now, a statementlzux reads barbara and i mourn the loves a true american patriot, one of the great military leaders of his generation. a distinguished member that epitomized the duty that defended our freedom. seeing this greaéá nation z more than that, he was a good, decent man and a dear friend. we send our condolences to his wife and wonderful family. the amount of time left before cliff can be now measured in near hours, lum lawmakers will return sunday night. fox news learned the president will meet withc÷ü congressional leaders tomorrow, and though the president cut his hawaiian vacation short, flew back ú worried while playing golf since he started his presidency and hitting the gym over christmasjhç#u holidays. i have said themñó&Ñ president wants to convince you he will do everything in his power to stop us from going over this fiscal cliff. the presid
. >> bob: hemmer down there? >> kimberly: he wasn't on air today. >> andrea: that is it for us. thank you for watching. see you here tomorrow. fox newsthis is/zi alertc?kxñ retired general has died. the general now, a statementlzux reads barbara and i mourn the loves a true american patriot, one of the great military leaders of his generation. a distinguished member that epitomized the duty that defended our freedom. seeing this greaéá nation z more than that, he was a...
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. >> bob akard is from tampa, florida. he spent the holidays with his parents in rochester, new york. he's hoping to get to the airport on time. >> living in tampa isn't all bad at all. >> reporter: the storm is now moving into new england and into canada. forecasters say more snow could hit the east coast this weekend. edward larns for cbs news, new york. >>> here in new york police are searching for a woman who pushed man to his death in front of a subway. she had been following the man and mumbling yesterday. it's the second time this month a man has been pushed to his death in the new york subways. >> coming up in the news, fun real fund scam. a woman is accused of posing as a relative of one of the children murdered in the connecticut school shooting. this is the "cbs morning news." stronger, holds up better, and still a value you love. new angel soft®. now stronger than ever. ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of
. >> bob akard is from tampa, florida. he spent the holidays with his parents in rochester, new york. he's hoping to get to the airport on time. >> living in tampa isn't all bad at all. >> reporter: the storm is now moving into new england and into canada. forecasters say more snow could hit the east coast this weekend. edward larns for cbs news, new york. >>> here in new york police are searching for a woman who pushed man to his death in front of a subway. she had...
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Dec 28, 2012
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dagen: bob, what do you think of what's happening? washington? what happens in the bond market if recession becomes more likely? >> well, clearly, volatility kicks up a lot, and you're going to see decline in treasury yields and probably a rise in the spread differentials of corporate bonds and other credit backed bonds relative to treasuries so it's not going to be a pretty picture for our bond holder. you know, that said, they are ultimately going to fix this, by they will put us through hell in between. dagen: bob, looking at the -- all the classes of fixed income, the out performance over treasuries in all grades of corporates, even in municipal bonds, but particularly, you start looking at the lower grade corporate debt, and it looks really, really hitty so to speak. danger in owning that, say, high yield at this point? >> well, you're absolutely right. if you look inside of each of the categories, the lower rate, higher yielding paper substantially outperforms sometimes two to four percentage points. what i worry about in 2013, one of sever
dagen: bob, what do you think of what's happening? washington? what happens in the bond market if recession becomes more likely? >> well, clearly, volatility kicks up a lot, and you're going to see decline in treasury yields and probably a rise in the spread differentials of corporate bonds and other credit backed bonds relative to treasuries so it's not going to be a pretty picture for our bond holder. you know, that said, they are ultimately going to fix this, by they will put us...
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i wasn't being funny, bob. i know. it's an awesome responsibility. i know right now i have the lives of over 150,000 americans, men and women, in my hands. i don't want to make a mistake. but i'm human, and i recognize that i might. and i worry about that. regardless of the outcome, when this whole thing is over, i can still say to myself, you can gave it your best shot, then that's got to be enough. >> morning. it's 8:00 a.m. on the east coast. 5:00 a.m. on the west coast as you take a look at new york city. back with us on set, brian sullivan. fortune magazine's leigh gallagher, reverend al sharpton, and richard wolffe in washington. obviously, that was general norman schwarzkopf on the screen who passed away yesterday. i have a lasting memory of general schwarzkopf who served in the war in vietnam as well as obviously gulf storm i. there was a woman from iowa, her name was peg mullan. she wrote a book about the death of her son, michael mullen. the name of the book was "friendly fire." and norman schwarzkopf was the battalion commander, then a ker
i wasn't being funny, bob. i know. it's an awesome responsibility. i know right now i have the lives of over 150,000 americans, men and women, in my hands. i don't want to make a mistake. but i'm human, and i recognize that i might. and i worry about that. regardless of the outcome, when this whole thing is over, i can still say to myself, you can gave it your best shot, then that's got to be enough. >> morning. it's 8:00 a.m. on the east coast. 5:00 a.m. on the west coast as you take a...
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sign himself out, say let's go, bob? >> we met with jim mcgrath yesterday. he said there is one thing i can assure you, his trademark sense of humor is intact. he is not on a ventilator, giving doctors and nurses hell in there. the guy is 88. 85th birthday three years ago, skydiving. he did it for his 80th, 75th. this guy likes to be active. loves the thrill of life and excitement. by the way, when he finished his skydiving on the 85th? he said how do you feel? when he said i don't feel a day over 84. my sense is, he is dog well and getting better, but it will take time, he's just an older guy. drew. >> miguel, thanks. we certainly wish the president all the best in getting better. >> it is 21 minutes after the hour. let's get you up to date on the top stories. congressional leaders on both sides have been summoned by the president to come to the white house today for an 11th hour fiscal cliff showdown. just four days remain to got a deal done or massive tax hikes and spending cuts kick in on tuesday. >>> the u.s. embassy clearing out of an african nation th
sign himself out, say let's go, bob? >> we met with jim mcgrath yesterday. he said there is one thing i can assure you, his trademark sense of humor is intact. he is not on a ventilator, giving doctors and nurses hell in there. the guy is 88. 85th birthday three years ago, skydiving. he did it for his 80th, 75th. this guy likes to be active. loves the thrill of life and excitement. by the way, when he finished his skydiving on the 85th? he said how do you feel? when he said i don't feel a...
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Dec 28, 2012
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for "cbs this morning," bob orr in washington. >> schwarzkopf's former boss is likely to be hospitalized for a while according to the top aide. the 41st president is in intensive care at houston's methodist hospital being treated for a persistent fever. this morning his condition remains guarded but mr. bush's chief of staff, jean becker says we should "put the harpz back in the closet" meaning he's sick but not that sick. >>> the powerful winter storm that caused trouble across the country is finally moving out, left parts of western new york and pennsylvania with a foot or more of snow yesterday. meanwhile more than 135,000 homes and businesses in arkansas remain without power, three days after the storm dumped heavy snow on that area. at least 16 deaths around the country are blamed on that storm. >>> meteorologist jeff girardelli says more winter weather is headed to the northeast but not as bad. >> the storm is not as bad but the difference is that the snow will be closer to the coast around new york city and also in philadelphia. first thing is first, let's talk about what's happen
for "cbs this morning," bob orr in washington. >> schwarzkopf's former boss is likely to be hospitalized for a while according to the top aide. the 41st president is in intensive care at houston's methodist hospital being treated for a persistent fever. this morning his condition remains guarded but mr. bush's chief of staff, jean becker says we should "put the harpz back in the closet" meaning he's sick but not that sick. >>> the powerful winter storm that...
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Dec 28, 2012
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don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. let'for an idea.s - a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful to be a part of it. zwroo you can see there's some action. getting to see some traffic th
don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. let'for an idea.s - a grand idea called america. the idea that if you work...
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but, as bob woodward pointed out when he wrote this book about the grand bargain negotiations, it's not going to be looked at through this historical prism as the boehner era, this is the obama e.r.a. if the economists are right and things don't go well for the country, doesn't the president have to worry about that legacy of his? >> i agree with you entirely. i have argued from the beginning that republicans should hold out. that they had more strength than they thought. that obama wasn't holding all the cards. i think he has the advantage obviously because republicans in all the policy are the ones who will take the blame. but nonetheless, the larger issue, if you are obama, is not who is popular and who is not, he's won his last election. that doesn't matter anymore. what obama does care about and should care about is his legacy. if you go over the cliff he may get a bump temporarily and the republicans will take a hit but his legacy will be his second term. and if he wrecks the economy, as he would, by not being able to remedy the consequences of going over the cliff, then he's goin
but, as bob woodward pointed out when he wrote this book about the grand bargain negotiations, it's not going to be looked at through this historical prism as the boehner era, this is the obama e.r.a. if the economists are right and things don't go well for the country, doesn't the president have to worry about that legacy of his? >> i agree with you entirely. i have argued from the beginning that republicans should hold out. that they had more strength than they thought. that obama...
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i wasn't being funny, bob. i know. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. >>> it was a crime that made headlines across the country in 199, it was all the rage in new york city, the 28-year-old white wall street investment banker jogging through central park when she was brutally assaulted, rained, left for dead. she was in a coma. five black and latino teenagers were arrested and convicted, they became known as the central park five. they spent between 6 and 13 years in prison, until a serial rapist confessed to the crime and they were exonerated. their story is the subject of a new documentary. >> five youths were arrested at 96th street all between 14 and 15 years of age. >> they got them! >> you can only imagine the pressure to have this crime solved and solved quickly. >> first
i wasn't being funny, bob. i know. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. >>> it was a crime that made headlines across the country in 199, it was all the rage in new york city, the 28-year-old white wall...
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Dec 28, 2012
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sounds like we have a couple votes for bob. >> i love bob. i give him my vote. >> all right. click number two, you're a mean kitty, mr. grinch. >> i'm just trying to -- [ meowing ] >> the cat a little grumpy. it will not allow its owner to wrap presents. >> i have a cat just like that. >> do you? >> oh, yeah. >> lunges at you like that? >> everyone. the kids, the dogs. he's not nice. >> finally, a heartwarming holiday moment. we showed you this this week. don loved his new fedora. then the big alabama fan found his real present. >> we going to the game! >> tears of joy. tickets to the bcs national championship game to watch his beloved alabama crimson tide take on notre dame. we talked to him on the phone the other day. said he'd never been to an alabama bowl game. he gets to go to with his son. win or lose, that's exciting. >> that's one where you want to watch the whole video. he's thrilled about his hat. he's like, i should have had this this morning. he's very thrilled about that. but when he realizes that the tin tickets are in there, he's totally overcome. >> it's reall
sounds like we have a couple votes for bob. >> i love bob. i give him my vote. >> all right. click number two, you're a mean kitty, mr. grinch. >> i'm just trying to -- [ meowing ] >> the cat a little grumpy. it will not allow its owner to wrap presents. >> i have a cat just like that. >> do you? >> oh, yeah. >> lunges at you like that? >> everyone. the kids, the dogs. he's not nice. >> finally, a heartwarming holiday moment. we showed...
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then bob woodward came out and said, yes, you did. you know, both a top aide said that you guys came up with this idea of the white house. look in the mirror, right. >> that's exactly right. a lot of people on wall street and in the media are saying just don't do it, don't go over the cliff. you know, and then that shows a we that we still have a 16 trillion-dollar national debt. so when the world are we going to get serious about what the american people say they want, which is reduction in the debt so that we don't become a country that looks like greece. [talking over each other] gregg: capitol hill and pennsylvania avenue, maybe they just think 16 trillion, 25 trillion, who cares. maybe they don't think it has a depressive effect on economic growth, and soaking up the credit markets, which women's businesses. >> that's exactly right. we don't have to wonder what this will go by. all we have to do is look over the pond and see what's happening in countries like greece and italy and spain and ireland have these massive debt. now we
then bob woodward came out and said, yes, you did. you know, both a top aide said that you guys came up with this idea of the white house. look in the mirror, right. >> that's exactly right. a lot of people on wall street and in the media are saying just don't do it, don't go over the cliff. you know, and then that shows a we that we still have a 16 trillion-dollar national debt. so when the world are we going to get serious about what the american people say they want, which is reduction...
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this is my colleague bob corker. merry christmas to you three points to make and then i would like to introduce cementer corker. here is the first point. when the dust settles and everything is said and done, federal individual income taxes are not going to go up on almost all americans next year. that needs to be settled this weekend by the votes and after the first of the year, so that's the most important point for americans to know. for almost all americans when the dust settles taxes, individual income taxes won't be going up next year. all the talk is about taxes but what we should talk about today is the medicare fiscal clef, the looming bankruptcy in the program that seniors depend upon to pay the medical bills for the millions of americans who are counting the days until they are eligible for medicare so they can afford the medicare bill, it would be a tragedy if when they get to that day there isn't enough money to pay the bills but according to the medicare trustees that day is coming soon. in 11 years in
this is my colleague bob corker. merry christmas to you three points to make and then i would like to introduce cementer corker. here is the first point. when the dust settles and everything is said and done, federal individual income taxes are not going to go up on almost all americans next year. that needs to be settled this weekend by the votes and after the first of the year, so that's the most important point for americans to know. for almost all americans when the dust settles taxes,...
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>> eric: this is an ohio reporter for good morning, cincinnati, bob herzog, holds dance party friday every week on the extra mile. nome to give traffic updates, but certainly to entertain as well. he's doing a good job. >> kelly: i sense someone is going to pick that up and run with it. >> juliet: oh, yeah. he's all over the internet. i followed him on twitter. all righty. so i'm not going to sing to this because it's a serious story. this is the storm we're talk being that killed 16 people so far. it's moving up into the canadian area. canceled 1,000 flights for people returning home for the holidays and a bunch more were delayed. let's go to maria molina live in the weather center. >> thankfully that storm is exiting the northeast, lingering snow showers across maine. we have yet again another storm system that we're tracking across the center of the country and it's kind of disorganized now. you have one area of it. that's just producing snow across parts of the midwest and the great lakes, and then another section of it that's producing rain in areas further south. the snowfall a
>> eric: this is an ohio reporter for good morning, cincinnati, bob herzog, holds dance party friday every week on the extra mile. nome to give traffic updates, but certainly to entertain as well. he's doing a good job. >> kelly: i sense someone is going to pick that up and run with it. >> juliet: oh, yeah. he's all over the internet. i followed him on twitter. all righty. so i'm not going to sing to this because it's a serious story. this is the storm we're talk being that...
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bob. [applause] hello -- >> hello. i own an embroidery franchise out in herndon, va., and we work for small businesses, schools, corporations. i'm happy to be here today to talk to you about the fiscal cliff and how it might affect my business. i am mostly optimistic about our economy in the future, i have grave concerns about what is going on in congress and the potential fiscal cliff we are facing and the elimination of the tax cuts. a lot of the small business owners i talked to and know are in favor of keeping the tax cuts in place especially for the middle class. we believe in balanced approach and we think it's ok to allow the elimination of the tax cuts for the wealthy. as taxes increase, the taxes at my business will be effected and i will have less to pay for investments and new equipment, hiring new people, but personally my income tax rates will go up. it's already a financially constrained environment. but customers tax rates will go up creating less demand for my products and less revenue for me and less t
bob. [applause] hello -- >> hello. i own an embroidery franchise out in herndon, va., and we work for small businesses, schools, corporations. i'm happy to be here today to talk to you about the fiscal cliff and how it might affect my business. i am mostly optimistic about our economy in the future, i have grave concerns about what is going on in congress and the potential fiscal cliff we are facing and the elimination of the tax cuts. a lot of the small business owners i talked to and...
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we did, bob. we did. got it. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> welcome back to "squawk on the street." a little bit of breaking news here regarding a potential strike at the ports. the parties have reached an agreement here. this is according to the deputy director for mediation services. it looks like it is going to be an additional extension of 30 days to work on some of the issues that they're dealing with. the container royalty payment was really the issue at stake. that has been agreed upon in principle by the parties subject to achieving an overall collective bargaining agreement. it looks like we'll have
we did, bob. we did. got it. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind....